HB450 Alabama 2014 Session

Updated Jul 24, 2021

House Bill

Enacted

Current Status

Regular Session 2014

Session

Sponsor

Summary

Primary Sponsor: Mike Hill
Republican
Session: Regular Session 2014
Title: Negotiating a worthless negotiable instrument, crime of, electronic drafts included, Sec. 13A-9-13.1 am'd.
Description: Under existing law, a person commits the crime of negotiating a worthless negotiable instrument if he or she negotiates or delivers the instrument for a thing of value and with the intent, knowledge, or expectation that it will not be honored by the drawee.
This bill would specify that the term "negotiable instrument" includes electronic drafts.
Amendment 621 of the Constitution of Alabama of 1901, now appearing as Section 111.05 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, prohibits a general law whose purpose or effect would be to require a new or increased expenditure of local funds from becoming effective with regard to a local governmental entity without enactment by a 2/3 vote unless: it comes within one of a number of specified exceptions; it is approved by the affected entity; or the Legislature appropriates funds, or provides a local source of revenue, to the entity for the purpose.
The purpose or effect of this bill would be to require a new or increased expenditure of local funds within the meaning of the amendment. However, the bill does not require approval of a local governmental entity or enactment by a 2/3 vote to become effective because it comes within one of the specified exceptions contained in the amendment.
Subjects: Crimes and Offenses